Microseismic’s technology, surface-based, passive seismic monitoring, is a game changer for the development of unconventional oil and gas, particularly shale gas. Widely used by leading US producers of natural gas, the company’s services significantly enhance production through better control of hydraulic fracturing processes, and help lower drilling and completion costs through more efficient well spacing. By deploying permanent, wide-area arrays (50 sq miles +) capable of monitoring hundreds of wells, Microseismic offers its clients superior monitoring services at lower per well costs than its competition – a strategy that has been key to the company’s rapid growth and profitability.
We saw a brilliant geophysicist and a canny businessman in Peter Duncan, the Company's founder, who had taken a scientific idea and turned it into to a high growth, highly profitable enterprise. Since investing in 2006, RockPort’s connections and understanding of the industry have helped the company attract a top tier client list and execute expansion plans to become the leader in passive seismic monitoring.
MicroSeismic, Inc. Ranks 1178 on the 2013 Inc. 5000
MicroSeismic, Inc. to Install BuriedArray for Berry Petroleum
MicroSeismic Founder and CEO Peter Duncan Named 2013 Regional Award Winner for Ernst & Young Entrepreneur Of The Year